Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Month: January 2010
Mid-Week Open Thread (2010-01-27)
Here is your open thread for the mid-week on January 27th, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…
Case-Shiller: Seattle Home Prices Hit New Low in Nov.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Down 0.5% October to November. Up 0.3% October to November (seasonally adjusted) Down 10.6% YOY. Down 22.7% from the July 2007 peak Last year prices fell 2.5% from October to November (not seasonally adjusted) and year-over-year prices…
Confidence Slows Recovery, Housing Bottom Still to Come
It would appear that our old friend Bill Virgin (formerly of the print P-I), is now writing a weekly column for the Tacoma News Tribune. Here are a few excerpts from his latest piece regarding what we may expect to see in store for the local economy in 2010: 2010 recovery will hinge on confidence…
Monday Open Thread (2010-01-25)
Here is your open thread for Monday January 25th, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in the user-driven…